The Golden Chariot occurrence is hosted by the Early Jurassic Rossland monzonite which is comprised of a biotite-hornblende-augite monzonite stock that is medium-grained, grey to green in color and hosts magnetite, apatite, some sphene with epidote, chlorite, pyrite and pyrrhotite. The monzonite intrudes the Lower Jurassic Rossland Group (Elise Formation) sediments, volcanics and greenstone.

The Golden Chariot and Great Western Crown grants are traversed northeast and southwest by a wide, iron stained mineralized zone. The zone consists of sulphides infilling fractures and/or faults hosting auriferous pyrrhotite, chalcopyrite, and pyrite in a gangue of altered host rock and calcite. The pyrite occurs as crystals in the pyrrhotite or as disseminations in the host rock. Drilling in the west part of the claim exposed a 0.76 metre wide solid sulphide vein carrying low gold values. In the eastern part of the property, a shaft was sunk in 3.6 metres of massive ore in a quartz gangue. In both veins, the sulphides were coarse-grained pyrrhotite and pyrite with minor patches of intermixed chalcopyrite. The ore is reported to assay about 5 to 7 grams per tonne gold (Geological Survey of Canada Memoir 77, page 127).